To amend title 49, United States Code, to extend the non-premium war risk insurance program.

This bill extends the Federal Aviation Administration (FAA) Non-premium War Risk Insurance Program through FY2025.

This program provides aviation insurance without a premium to eligible air carriers at the request of the Department of Defense or another federal agency, provided that the agency agrees to indemnify the FAA from all losses covered under the insurance. Eligible air carriers include those whose operations are under a federal contract and are necessary for national security or to carry out U.S. foreign policy.   

[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4762 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 4762

 To amend title 49, United States Code, to extend the non-premium war 
                        risk insurance program.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 20, 2023

 Mr. Yakym (for himself and Mrs. Sykes) introduced the following bill; 
       which was referred to the Committee on Transportation and 
                             Infrastructure

_______________________________________________________________________

                                 A BILL


 
 To amend title 49, United States Code, to extend the non-premium war 
                        risk insurance program.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. NON-PREMIUM WAR RISK INSURANCE PROGRAM EXTENSION.

    Section 44310(b) of title 49, United States Code, is amended by 
striking ``2023'' and inserting ``2025''.
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